Czech National Bank Buys 4,376 Shares of Vistra Corp. (NYSE:VST)

Czech National Bank grew its position in Vistra Corp. (NYSE:VST - Free Report) by 5.9% in the first quarter, according to its most recent filing with the SEC. The fund owned 78,144 shares of the company's stock after acquiring an additional 4,376 shares during the period. Czech National Bank's holdings in Vistra were worth $9,177,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the company. Pathway Financial Advisers LLC increased its holdings in Vistra by 616.0% in the 4th quarter. Pathway Financial Advisers LLC now owns 179 shares of the company's stock worth $25,000 after purchasing an additional 154 shares in the last quarter. Comprehensive Financial Planning Inc. PA acquired a new stake in shares of Vistra during the fourth quarter valued at about $28,000. Tucker Asset Management LLC bought a new stake in shares of Vistra during the fourth quarter worth about $28,000. Cherry Tree Wealth Management LLC increased its stake in shares of Vistra by 2,030.0% in the fourth quarter. Cherry Tree Wealth Management LLC now owns 213 shares of the company's stock valued at $29,000 after buying an additional 203 shares during the period. Finally, Ameriflex Group Inc. acquired a new position in shares of Vistra in the fourth quarter valued at approximately $32,000. 90.88% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently commented on VST. Daiwa Capital Markets initiated coverage on shares of Vistra in a research report on Wednesday, March 5th. They set a "neutral" rating and a $120.00 target price on the stock. Daiwa America raised shares of Vistra to a "hold" rating in a research note on Wednesday, March 5th. Morgan Stanley reiterated an "overweight" rating and issued a $178.00 price target (up previously from $172.00) on shares of Vistra in a research report on Thursday, May 22nd. JPMorgan Chase & Co. lowered their price target on shares of Vistra from $203.00 to $186.00 and set an "overweight" rating for the company in a report on Friday, March 28th. Finally, UBS Group upped their price objective on shares of Vistra from $154.00 to $160.00 and gave the company a "buy" rating in a research note on Thursday, May 8th. Three equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $169.08.

Vistra Trading Down 1.8%

Shares of VST stock traded down $3.12 during trading hours on Wednesday, hitting $172.88. 5,284,925 shares of the company were exchanged, compared to its average volume of 7,453,145. The company has a 50 day simple moving average of $133.62 and a two-hundred day simple moving average of $144.55. The firm has a market cap of $58.66 billion, a P/E ratio of 32.25, a P/E/G ratio of 1.12 and a beta of 1.16. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.99 and a current ratio of 1.11. Vistra Corp. has a fifty-two week low of $66.50 and a fifty-two week high of $199.84.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Wednesday, June 18th will be paid a $0.225 dividend. The ex-dividend date of this dividend is Wednesday, June 18th. This is an increase from Vistra's previous quarterly dividend of $0.22. This represents a $0.90 annualized dividend and a dividend yield of 0.52%. Vistra's dividend payout ratio (DPR) is currently 14.15%.

Insider Activity at Vistra

In other news, EVP Stephanie Zapata Moore sold 35,000 shares of the company's stock in a transaction that occurred on Tuesday, May 27th. The stock was sold at an average price of $161.44, for a total transaction of $5,650,400.00. Following the transaction, the executive vice president now directly owns 88,073 shares of the company's stock, valued at $14,218,505.12. This represents a 28.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director John William Pitesa bought 1,500 shares of the business's stock in a transaction that occurred on Wednesday, March 12th. The stock was purchased at an average price of $126.75 per share, for a total transaction of $190,125.00. Following the completion of the acquisition, the director now owns 3,467 shares in the company, valued at $439,442.25. This represents a 76.26% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders sold 219,000 shares of company stock valued at $34,532,240 in the last three months. Corporate insiders own 1.42% of the company's stock.

About Vistra

Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across states in the United States and the District of Columbia.